Epstein Secrets

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

529,017 $63,000 plus: Other current assets 7,773 10,345 21,445 29,551 less:Current liabilities (22,612) (24,663) (42,832) (39,775) plus: Sbartiemi debt 0 0 0 0 DFNWC $23,661 $19,793 57,630 $52,776 as % of annualird revenue 16.3% 28.1% 8.8% 36.5% less: Excess cash 19,1331 (9.078)

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

529,017 $63,000 plus: Other current assets 7,773 10,345 21,445 29,551 less:Current liabilities (22,612) (24,663) (42,832) (39,775) plus: Sbartiemi debt 0 0 0 0 DFNWC $23,661 $19,793 57,630 $52,776 as % of annualird revenue 16.3% 28.1% 8.8% 36.5% less: Excess cash 19,1331 (9.078)

OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by

529,017 $63,000 plus: Other current assets 7,773 10,345 21,445 29,551 less:Current liabilities (22,612) (24,663) (42,832) (39,775) plus: Sbartiemi debt 0 0 0 0 DFNWC $23,661 $19,793 57,630 $52,776 as % of annualird revenue 16.3% 28.1% 8.8% 36.5% less: Excess cash 19,1331 (9.078)